…Views issuance of bench warrant on its Managing Director as inappropriate By Seun Ibiyemi Wema Bank PLC has denied in its entirety, the allegations of dud cheque and forgery levelled against it and its Managing Director, Mr. Ademola Adebise. The…
By Ismail Azeez, Osogbo A Magistrate Court sitting in Osogbo, Osun state capital has ordered the remand of 16 suspected political thugs at Ilesa Correctional Centre for allegedly attacking the convoy of the Deputy Governor of the state and others…
By Ogaga Ariemu The Chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC), Professor Bolaji Owasanoye, SAN, has declared that collective action is needed to stem the tide of corruption and Illicit Financial Flows (IFFs) out of Africa, saying…
An Ikeja Special Offences Court on Wednesday sentenced a cryptocurrency trader, Shola Henry, to two years imprisonment for stealing N18.4 million. Delivering a ruling, Justice Oluwatoyin Taiwo gave the defendant an option of fine in the sum of N2 million…
Leading indigenous energy company, Seplat Energy Plc has said its greatest business opportunity ahead of it is to supply the right mix of energy to support Nigeria’s growth. In doing so, the company said it remained committed in making positive…
The Nigerian Content Development and Monitoring Board (NCDMB) has promised to deepen its collaboration with the Society of Petroleum Engineers (SPE) towards domesticating the technologies that are currently deployed to operate the energy industry. The Executive Secretary of NCDMB, Engr.…
TotalEnergies on Wednesday said the commencement of production from its Ikike field would help to bridge Nigeria’s oil production gap which had declined in recent times. Mr Mike Sangster, the Managing Director, TotalEnergies E&P Nigeria, made this known at the…
By Ibiyemi Mathew Cydene Energy has launched an app that will boost the adoption of Liquified petroleum Gas (LPG) across households in Nigeria. Delivering a welcome address at the product launch of the Cydene Express Mobile App in Lagos, Skalid…
Dynamics of global oil prices put critical concerns before Nigeria, particularly with the Country having oil as the mainstay of her economy. Market realities on Wednesday, August 03, 2022, revealed the prices of many crudes, including Nigeria’s Bonny Light, bounced…
Trading at the Nigerian Exchange Ltd. (NGX) on Wednesday took a plunge, as the market capitalisation closed at N27.29 trillion down from N27.3 trillion recorded on Tuesday. Consequently, the market lost N16.76 billion, representing 0.06 per cent. The negative performance…
